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Bloomberg Markets
Channel Capital will merge with Challenger Ltd.’s Fidante unit to create an Australian fund manager spanning a range of investment strategies with around A$150 billion ($105 billion) in assets.
Bloomberg Markets
Famed short seller Andrew Left, convicted on 13 counts of securities fraud earlier this month, is off to a rocky start in his effort to sway a judge to overturn his verdict due to an unusual courtroom error.
Bloomberg Markets
It’s been a particularly wet start to southern China’s rainy season, and more unusually heavy downpours could be on the way over the summer.
Yahoo Finance
Yahoo Finance
Yahoo Finance
Bloomberg Markets
Braskem SA and its new controlling shareholder, IG4 Capital, are struggling to win support from enough creditors to move forward with an out-of-court restructuring proposal amid disagreements over uneven treatment and collaterals, according to people familiar with the matter.
NY Times Business
The Federal Reserve’s new chairman held a press conference where he bantered with reporters and laid out a vision for change at the central bank.
Bloomberg Markets
Traders remain sanguine about Malaysia’s financial outlook even after officials warned the government may miss its deficit target this year, according to a closely watched financial-market metric.
Yahoo Finance
Yahoo Finance
Yahoo Finance
Yahoo Finance